The transfer tax is collected when real estate is sold, at arate of $6 per $1,000 of the sale price. Without it, San Leandrosays it will have to cut $3.5 million from its budget. In additionto the aforementioned belt tightening, the city says the loss wouldcut library hours by one third and eliminate funding for poolmaintenance at the Boys and Girls Club.
City department heads proposed the cuts, which were reviewed bya committee of citizens at three meetings in August and September.The council will vote on the alternative budget on Oct. 2, so thatvoters will know the cost of the measure's passage before the Nov.7 election. Those in favor of the measure are calling the proposedcuts scare tactics.
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